Nextracker
NXT
#2584
Rank
C$7.64 B
Marketcap
$51.84
Share price
-7.44%
Change (1 day)
-1.58%
Change (1 year)

Operating Margin for Nextracker (NXT)

Operating Margin as of November 2024 (TTM): 25.07%

According to Nextracker's latest financial reports and stock price the company's current Operating Margin is 25.07%. At the end of 2023 the company had an Operating Margin of 8.86%.

Operating Margin history for Nextracker from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.86%95.9%
20224.52%-65.9%
202113.26%4.3%
202012.71%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.